Teilor Holding is 92.95% held by ilie Enache.
“Despite the difficult global economy, which continued in 2024 and saw an unprecedented growth in the gold price (34%), as well as the difficulties of foreign subsidiaries of the group to achieve positive financial performance, the 2024 financial performance highlighted the ambition and courage to support the sizeable growth of our business (27%),” said Mircea Varga, chairman of Teilor Holding’s board of directors.
This was possible by continuing expansion in Romania of the brands launched in 2023, DAAR and MyGold (sale of jewelry), as well as of the lending activity by significantly increasing the national reach. Teilor also decided to close its operations in Czechia, Poland and Hungary, due to the lack of a positive medium and long-term outlook on those markets, he added.
(English version by Loredana Fratila-Cristescu)